Visible Light Communication can be defined as free space optical wireless communication technology that utilizes the visible light to transmit data across the distances. This type of technology is widely used in a number of applications or end user segments that includes intelligent traffic management system, wireless communication, powerline communication, home networking system and underwater communication.

- Agency -.

Visible Light Communication (VLC) is a method by which Light Emitting Diode (LED) are utilized to transfer the data by using visible light as a transmission medium. The increasing usage of data over the mobile phones and via other wireless devices, lack of spectrum appears to be one of the major problem for which visible light communication can be offered as a potential solution.

- Agency -.

The raising demand of the retails based indoor positioning market due to high traffic and better illumination has paved the way for the growth of the visible light communication market. The increasing demand by retailer to send instant offers to customers in the form of messages to enhance their shopping experience has also anticipated to boost the overall VLC market.

The study also indicates that the increasing investments in the research and development of new products by various key players like General Electric Company, LVX Systems and others are expected to make a revolutionary changes in visible light communication market.

The global Visible Light Communication Market is expected to grow exponentially by 2022, at will show a significant growth in CAGR between 2016 and 2022.

Study Objectives of Visible Light Communication Market:

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Visible Light Communication Market.

To provide insights about factors affecting the market growth.

To analyze the Visible Light Communication Market based porter’s five force analysis.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment on the basis of component, applications and vertical.

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Visible Light Communication Market.

Visible Light Communication market is segmented on the basis of component, application and verticals.

Visible Light Communication by Component:

Visible Light LED’s

Diode

Image Sensors

R Emitters

Opto –couplers

Others

Visible Light Communication by Applications:

Underwater Communications

Location-based Services

Indoor Applications

Outdoor Application

Smart Lighting

Others

Visible Light Communication by Vertical:

Transportation

Automotive

Defense

Healthcare

Aviation

Others

Regional Analysis:

The regional analysis of Visible Light Communication Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Visible Light Communication Market owing to factors such as increased internet penetration and technological advancements.

The study also indicates that raising applications of indoor location based services is expected to propel the visible light communication market by the forecast period. Apart from it the rising adoption of IT services is also driving the 3D Scanner market.

News From

Market Research Future Category: Market Research Publishers and RetailersCompany profile: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Recommended Market Research Companies

Recommended Market Research

Research N Reportshttps://www.researchnreports.com/Category: Market Research Publishers and RetailersCompany profile: Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial.
&nbsp;
Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on ...